Singapore
SIA Group's passenger traffic jumps 11.7% MoM in December 2022
Year-on-year, passenger traffic increased four-fold.
Johor Bahru-Singapore train to commence operations by end-2026
The rail system will operate from Bukit Chagar to Woodlands North.
Singapore, Uzbekistan firms collaborate on logistics, renewable energy
More than 20 memorandums of understanding (MOUs) were signed.
Non-oil domestic exports fall 20.6% YoY in December
Decreases in both electronics and non-electronics exports drove the decline in NODX.
Headline expectations down 3.8% in December 2022: experts
But it is still higher than the average since 2011.
What are the top challenges faced by businesses in Singapore?
Despite these challenges, 80% of them remain confident in the resiliency of their operations.
Daily Markets Briefing: STI declines 0.31%; CapitaLand Investment is most active stock
CapitaLand Investment increased by 1.58%.
Prime Grade office rents in Raffles Place/Marina Bay up 5.5% YoY in 2022
The occupancy rate was also “healthy” at 95.5%.
Citi names Tibor Pandi as Citi country officer for Singapore
Pandi has worked in Citi for 22 years.
SATS revenue could double to $5.5b after acquiring air cargo handlers
The Worldwide Flight Services revenue reached $776m (€516m).
By the numbers: How the maritime industry performed in 2022
Last year, container throughput hit 37.3 million twenty-foot equivalent units.
Sceneca Residence sold 60% of 268 units at average price of $2,072 psf
All 1-bedroom types and two-bedder units were sold out.
Wilmar International bags US$200m sustainability-linked trade finance facility
It sealed the deal with Standard Chartered.
Frasers Property Group makes key leadership changes in its hospitality businesses
It named a new CEO for Frasers Hospitality amongst others.
SingPost acquisition in FMH won’t improve its earnings
The Freight Management Holdings is already fully consolidated.
Mainland tourists travelling to SG for Lunar New Year rise 499% YoY
Singapore is also amongst the top destinations for Chinese tourists.
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